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Softcat

Softcat PLC - Director/PDMR Shareholding

RNS Number : 8052G
Softcat PLC
27 November 2020
 

 

 

27 November 2020

Softcat plc (the "Company")

 

Notification of Transactions by

Persons Discharging Managerial Responsibilities

 

 

The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to an award of nil-cost options to a person discharging managerial responsibilities ("PDMR") on 25 November 2020 under the Softcat plc Long Term Incentive Plan ("LTIP"). This announcement is made in accordance with Article 19.3 of MAR. 

 

An award of nil-cost options to acquire 9,606 Ordinary shares was made to Richard Wyn Griffith, a PDMR, on 25 November 2020 under the LTIP calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant (1145 pence). The award for Richard Wyn Griffith will vest subject to continued employment with the Company for three years from the date of grant.

 

The normal date of vesting for the nil-cost options outlined above will be 25 November 2023 and the last date for exercise will be 23 November 2030.

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Richard Wyn Griffith

 

2.

Reason for the notification

a)

Position / status

Managing Director

 

b)

Initial notification / amendment

Initial Notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Softcat plc

b)

LEI

213800N42YZLR9GLVC42

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

 

Identification Code

Ordinary Shares of £0.0005 each

 

 

ISIN: GB00BYZDVK82

b)

Nature of the transaction

Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Long Term Incentive Plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

9,606

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

 25 November 2020

f)

Place of the transaction

 Outside a trading venue





 

 

 

 

Luke Thomas

Company Secretary, Softcat plc

 

27 November 2020

 

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